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: this is it. just hours left at the polling stations. can you imagine the tension in the romney and obama camps as the results start to roll in? look at wall street. stocks straight up. gold straight up. some are calling it an early romney rally. come on, everybody. this is election day. welcome to a special edition of "varney & company". we're about to begin. >> if you got a business, that you didn't build that. somebody else made that happen. >> unchain wall street. they going to put y'all back in chains. >> i went to all number of women's group, can you help us find folks. they brought us binders full of women. >> governor we don't have horses and bayonets because the nature of our military is changed. >> jack kennedy lowered taxes. >> oh you're jfk. >> don't boo, vote. voting is the best revenge. stuart: this is exciting. this is decision day. i'm stuart varney and this is a special election day edition of "varney & company". we have an all-star cast spread throughout the studio and across the country for you. gerri willis at romney headquarters in boston. rich edson at obama headquar
and greatest from fox news's bill hemmer. he is next to me. romney surrogate diane black is here. former clinton advisor lanny davis on the each of this monumental day. we have every money angle covered. >>> also day 6 since superstorm sandy hits, chaos from gas shortages still reign. we've been hearing this will be over but how long will it take to end. >>> people say the economy doesn't care who is elected president. two all-stars will duke it out. even when they say it's not it is always about money. melissa: first up, let's look at the day's market headlines. investors were on cautious footage day before the election. a choppy day of trading eventually led to small gains from stocks. the dow rose 19 points. apple sold three million new ipads over the weekend. ipad mini officially hit store shelves on friday. shares of apple rallied on the news, closing up more than 1%. shares of netflix, jumped 2%, a shareholder plan to prevent a hostile takeover by the company was approved by the board. activist investor carl icahn disclose ad 10% stake in netflix last week. our top story, the day b
or when you did. i want to bring gerri willis in, he is at romney headquarters in boston. have they spoken yet? >> reporter: i can't answer that question, but crowd here, that has grown in last hour, wants to believe, wants to believe ma karl rove said, just moments ago, he came up, ottoman ter here, speaking about the number of votes about how the republican party could take ohio, mitt romney could take ohio. huge cheer. came up from audience, people came in to the room, came into the room to listen to what was going on. this crowd now very emotional. i just walked through it people watching the television, trying to discern what is happening, that i want to believe their candidate has not lost. we still have no concession from mitt romney's campaign, 9 or hae we heard they have intention. my colleague next to me carl cameron, he started talking about karl rove's comments, a big cheer went up with the crowd, they wanted to show they are here, and supportive of their candidate. they believe that he should win this election. as moments go by, now it is getting quieter but no less packed thi
hikes? mitt romney's former top economic advisor says, hey, guess what, it is time to give in. is this the only way to get a deal on the fiscal cliff? one republican lawmaker is here to react. >>> tesla's car wins car of the year. there is rough road ahead for the electric car industry. i will talk about it with tesla founder and ceo, elon musk. >>> drugs guns and murder. the creator of mcafee anti-virus software is on the run in central america. the plot thickens by the minute. we have all the illicit details. even when they say it's not it is always about money melissa: all right. first let's take a look at the day's market headlines. stocks swayed between positive and negative territory. retailers helped fuel a modest rally early on but fiscal cliff and european debt crisis fears ultimately ate away at the gains. those problems haven't gone away. that is big shocker. dow closed down 58 points. >>> head of microsoft's windows software unit suddenly announced he was leaving the company. this is just two weeks after the launch of windows 8. >>> on the flip side home depot shar
s and '80s and 2000's. what i found every time we cut tax rates like mitt romney is talking about now, two things happen, melissa. the growth rate of the economy went up. that is a good thing. secondly even more surprising the fell, the share of taxes paid by the rich increased. melissa: i love your book, steve. petite, manageable. see, its brilliance is contained in a petite package so you can get through the whole thing. thanks so much. thanks for coming on the show. good luck with the book. >> thanks, melissa. melissa: here is the question of the day, do you think rich people pay enough taxes? i enjoyed reading everybody's responses on twitter. or follow me on twitter, melissaafrancis. i tweeted back a lot of your remarks. >> a presidential diss? mayor bloomberg takes a pass on a presidential visit to new york city. i think it is a smart move. possibly my favorite government official is here to disagree with me. that is coming up next. >>> plus sanctions are sending iran's economy into chaos but its stock market is killing it, gaining 30% in three
okay, you lost me. talk about a flip-flop. this self-proclaimed romney supporter was paid $5000 by someone on ebay to get the romney-ryan logo tattooed on his face. yikes. after insisting that he would never regret it. he now wants to get it removed, claiming that mitt romney was a sore loser after the election. who do you guys think the sore losers? >> i have one line for this, you cannot fix stupid. [laughter] this guy is an idiot. why would you have a tattoo like that? melissa: provided you have a political slogan on your face? >> consider the source. if one of his behaviors is flip-flopping -- melissa: ep $5000. >> i think it is ludicrous. the guy, i gave him back the money that he got off of ebay. he didn't put those into the bargain. secondly, i think you ought to have to pay for it. my mother always told me that you made your bed and you have to lie in it. >> that is a heck of a bed to make. melissa: all right, if you you want to know the secret to a happy marriage? apparently you have to make sure that the husband gets along with the in-laws. if the husband feels close t
government. what the romney ryan campaign this entire year is government is bad. including fema. >> romney was against fema up until three days aao. now he loves fema. melissa: brad, respond to that. >> we are for accountability. we're for providing service to the people need. >> so am i. >> we agree that is the pub position. the problem with democrats they believe government is the answer to all problems. >> that is not true. melissa: don't get off topic, how do the democrats turn this into votes or can they at this point? >> bottom line is this, good governance is good politics. the president is practicing good governance. he is appearing with governor chris christie who is one much his harshest critics and getting praise from him. that could only translate into good thinks for the president. melissa: brad, is this too little too late. >> too little too state. storm's devastation in very blue states like new jersey and new york which would go to obama anyway. the key battleground states decide the election, good news they weren't as devastated as blue states were. so the fact of the matt
disaster. what does romney do? melissa: got 16 million people who need more jobs at a rate -- four years 194,000 how long would it take to 16 million back to work four years for 194,000. i'm going to be dead by the time everyone is back to work. you've bn talking a lot. i will will give you last word. >> romney wants to deregulate wall street tax breaks for the wealthy and do european style austerity where the eurozone has 11.7% unemployment. melissa: not where we want to go. all right. >> that is last word. nice to be with you again. melissa: thanks for coming on. coming up on money, zen and campaign ads don't exactly go together. one republican candidate is bringing voters much-needed r&r he is special laugh -- especially after the last segment. he is here in a fox business exclusive to give you a break from all the fighting. at the end of the day it is all about money. ♪ email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant
at risk hoping romney to win having it get blasted today. this is realization we'll still not get anything done. romney coming into office, let's say he did win the problems don't go away because mitt romney steps into the oval office. the problems are still there. the business community not having confidence in the congress and administration to put forward a growth oriented environment. higher taxes are not big of a deal if we're growing the economy. the economy is growing what, 1.5%? melissa: sort of like the whole pallet of jokers that got us into this mess we put them all right back in. >> yeah. i mean other than, maybe a binder or two full of women being elected to congress which is nice thing that happened last night. thereeare still a lot of jokers in congress, frankly don't want to work together. they're like a bunch of children fighting over toys melissa in a sandbox where nobody wants to talk to anybody, nobody wants to compromise. we're out of time. >> this is reality. it is set. it is done. how do i protect money? do i buy gold? do i put it in cash and hide it? i don't want to
the president which would more than likely be mitt romney the senate picks the vice president richard b. joe biden. jjhn: i was surprised rutherford hayes one by one vote to elect corley and bush/gourde it was five. it could happen. >> it is of close election and remember we have a fragile system the government today and struggling to earn the legitimacy the way the election process is playing out is on helping. john: coming up i show how big government program allowed me to get you to pay for my beach house. what a scam. john: now a disaster and election myth. the destruction produced by hurricane sandy men not be bad for the economy. >> sometimes they're not harmful because there is extract work with three construction and rehabilitation. >> one analyst says there could be long term benefits of reconstructions. john: we hear that before paul krugman claims 9/11 would be good for the economy. after the earthquake in haiti and to oppose the said this could be a boom economy for haiti. john: and appealing concept for the simple-minded. i want to help so i have an idea. i will do this. i will
, bloomberg or romney says we can't go to dinner next week. they will still spend money. it's a matter of saying how doho we get people who are not at that level to have conditions where th can spend. melissa: in the 80s, they lower tax rates issue and revenues go up, and revenues, 1981 to 1988, from $599 billion to $909 # billion. i'm just saying if the problem's revenue and you want more money in treasury, there seems that's a period of time we did it ti defentively according to the math. >> that is true, but we also, you know, looked at the 60s and the 80s, look at the 2000s with the most recent tax cut regime. what did it to in the economic recovery, gave up the worst performance in onomic growthrfor and worst performae in job creation. melissa: i don't know if that's what caused it. >> you can see tax cuts are not necessarily the solutions in all circumstances. melissa: all right, christian, thanks for disagreeing with me. it was a lot of fun. i love when people disagree with me, but i told christian when he comes back, i'll be less civil, i promise. all right, up next, it just do
, michael bloomberg or mitt romney will say oh, we can't go out to dinner next week. they will still spend their money. this is matter of saying, how do we get people who are not at that level, to have the conditions where they can spend? melissa: how about in the '80s? it was the same experiment where they lowered marginal tax rates and oncegain you saw revenue go up. 23% cut in tax rates. revenues 1981 to 1988 went from 599 billion, to 990 billion. the problem is revenue and want to bring in more money to the treasury there are periods of time we donist definitely according to the math. >> that is true. we looked at '60s, and looked at '80s. how about we look at 2000s? we had the most recent tax cut regime. what did it do in the recovery? gave us worst performance in economic growth and worst performance in job creation. we can look at different periods and see, and see that, you know, tax cuts are not necessarily the solution in all circumstance. >> christian, thank you for disagreeing with me. it was a lot of fun. >> melissa, hope we do it again. melissa: we will, without question. i w
obama has said very nice things about ben bernanke whereas mitt romney had basically said i'm going to fire that guy if i get elected. this probably means a continuation of this kind of easy money policy. one of the things that people might want to look at investing in, if we continuation of these really low interest rates and this flood of money is commodities like gold. melissa: yeah. that's a great point so at the end of the day, yes or no, best or worst, is this the worst lech ship for the stock market ever? >> ever? that was probably when herbert hoover was elected in 1989. this is not the -- 1928. this is not the can ideal outcome. who knows. maybe barack obama will learn the lesson, melissa from his first term and maybe he will actually govern from the middle. hope springs eternnal. melissa: yeah. no. >> give him the benefit of the doubt, come on! give him a honeymoon. melissa: he will govern from the middle. i can feel it. thanks, steve moore. thanks for coming on. >> thank you. melissa: no. what the president obama's re-election means for the oil and gas industry. i intervi
is the fact that warren buffett, mitt romney, other people, derive most of their income from capital gains which are taxed at a 15% rate. that is not a loophole. that is a statutory intent of the tax code. and what you have then is the incredible amassing of wealth. liz: good. change that, you get $5 billion. change that, do that, let's do it and take it off the table. do this. you get $5 billion. >> i would love it. liz: how will that help you? >> washington is not, has not made it happen. washington has not been able to do it. liz: do you know the "buffett rule" would reduce the 10-year deficit under president obama's budget by .7 of 1%? you're talking about is .7 of 1%. this argument is about .7 of 1%. why do we keep having this conversation instead after conversation about controlling spending, about really closing this gap or doing something else to really close this gap? i mean i just wonder why this conversation keeps coming to the fore instead of one that would solve the problem? to me it is about pitting people in this country against each other which is not going to get us anywhe
Search Results 0 to 22 of about 23 (some duplicates have been removed)